Brand Vaughan says ..

Property Oracle says ..

This five-bedroom property in Rochester Gardens, Hove, presents a mixed bag of opportunities and challenges. Its location in a sought-after area with good schools and transport links is a significant plus, appealing to families and investors alike. The presence of a garden is another strong point, particularly in a densely populated urban environment. However, the property’s interior requires some updating. Several rooms show signs of wear and tear, with outdated décor and fittings. This suggests a potential need for refurbishment or cosmetic upgrades, which would impact any buyer’s immediate outlay. The listing mentions a potential for conversion into multiple apartments which could boost rental income. The lack of a precise plot size makes it difficult to assess the true value per square foot, but the overall price seems higher than some comparable properties in the vicinity. For an investor seeking a project to enhance and subdivide the property, this may present a viable option, while a buyer seeking move-in-ready accommodation should factor in significant costs for refurbishment. A thorough property survey is strongly recommended for all potential purchasers.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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